Home / Knowledge / News / FIEO calls on African nations to create win-win situation
FIEO calls on African nations to create win-win situation
Jun '09
In the present scenario of global economic meltdown where the business communities of every country are badly affected Mr J K Jain, Chairman, Federation of Indian Export Organisations (FIEO) (Northern Region) called upon the African nations to work in close cooperation such that a win-win situation is created for all and concentrate towards betterment of trading and economic ties. Mr Jain was addressing a function organized by FIEO to celebrate the Africa Day. The meeting was attended by the Heads of Missions of the African nations, and other countries.

Presence of Hon'ble Lt. Governor, Mr Tejender Khanna as the Chief Guest at the function represented the importance attached by the Government of India in further developing economic and trade relations with the African countries.

India-Africa trade have grown by around 43% during year 2007-08 vis-à-vis 2006-07, Mr Jain added. He said that the balance of trade was in favour of the African continent as India's export to Africa was slightly over US$ 14 billion, a growth of 38%, and imports were over US$20 billion, growth of 47%, during 2007-08. Mr J K Jain said that Africa was a very important market for India and, in the days to come the trade figures would grow manifold.

Mr. Jonathan Wutawunashe, the Ambassador of Zimbabwe and Dean of the African Group in New Delhi said that Africa Day represented determination, unity and harmony of the African nations. Given the present day situation of violence world over the message of unity and harmony was important for the global community.

Federation of Indian Export Organisations (FIEO)

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search